As investors turn fearful in the falling crypto market, Ethereum nears a buy-the-dip level. With analysts targeting this pullback for a massive reversal potential, should you consider buying in a bleeding market?

Ethereum's price finds itself at a critical juncture near $3,200 support after failing to break above $3,450, with technical indicators suggesting continued consolidation in the short term.

Phala Network said on January 8 that it launched the first-ever Op-Succinct Layer 2 rollup on Ethereum. This initiative is the result of a partnership with Succinct Labs and Conduit.

Ethereum (ETH), the second-largest cryptocurrency by market cap, has faced a notable wave of sell pressure in early January, wiping out its recent gains. This dip has been fueled by multiple factors, including leveraged liquidations and significant spot outflows.

Bitcoin and Ethereum ETFs recorded combined outflows of over $740 million on Wednesday, led by Fidelity's FBTC's $258 million withdrawal, amid macroeconomic concerns and falling crypto prices.

A special administrative region in Bhutan announced on Wednesday that it will hold Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and BNB Coin (CRYPTO: BNB) as part of its strategic reserve. What happened: Gelephu Mindfulness City, situated in the south-central part of the Himalayan nation, said in a statement that they opted for cryptocurrencies with large capitalizations to ensure ease of trading and to avoid liquidity risks.

Spot bitcoin ETFs reported total net outflows of $582 million, while spot ether ETFs saw $159 million in net outflows on Wednesday.

Recently, Ethereum cofounder Vitalik Buterin made hints about putting more of an emphasis on core development and increasing his involvement with the larger Ethereum ecosystem. He discussed the necessity of striking a balance between Ethereum's technical advancements and increased visibility for initiatives and projects developing on the platform in a recent social media conversation.

Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.

Ethereum price action has drawn attention recently, with the altcoin king struggling to breach the $3,721 resistance level.

Ethereum price has drifted to the red zone along with the majority of the top 10 coins. ETH is down by more than two percent and is trading slightly below the $3300 level at the time of writing.

Phala, a Polkadot-based parachain and verifiable computing platform, has launched a new Layer 2 network on Ethereum.

Ethereum price failed to clear the $3,450 resistance and extended losses. ETH is struggling and might continue to move down if it stays below $3,500.

BB Token has expanded to Ethereum, enhancing cross-chain access and liquidity using LayerZero's Omnichain Fungible Token Standard, according to BounceBit.

Ethereum's price has recently experienced a significant downturn, slipping by more than 9% and currently trading below the $3,350 mark. Despite maintaining a bullish trend above a critical support zone, the price action is showing signs of weakness.

Ethereum's Pectra ‘hard fork' is expected to introduce key updates to improve Ethereum user and developer experiences. The update, which will be rolled out in two phases, is scheduled for release during the first quarter of 2025.

Bitcoin and ether ETFs could be followed by an XRP ETF with a crypto-friendly Trump administration on the horizon. XRP ETF Could Be the Next Biggest Thing for Crypto in the U.S. Ripple President Monica Long stated in a Bloomberg interview on Tuesday that an XRP exchange-traded fund (ETF) may soon materialize as advantageous U.S.

Ethereum (ETH) price has dropped nearly 8% in the last 24 hours, nearing the loss of its $400 billion market cap. The sell-off has pushed ETH's RSI to 27.1, its lowest since December 20, signaling oversold conditions and weak market sentiment.

As the cryptocurrency market prepares for its next bull run, analysts issue a new Dogecoin price prediction while the market focuses on a promising new Ethereum token, WallitlQ (WLTQ). The latest market forecasts highlight Dogecoin's potential for explosive rallies and WallitlQ's soaring presale adoption, which could drive its price to new ATHs.

Cryptocurrency markets continued to slide lower on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,201.98 -2.3% Ethereum (CRYPTO: ETH) $3,279.33 -3.2% Solana (CRYPTO: SOL) $194.57 -4.9% XRP (CRYPTO: XRP) $2.32 +1.9% Dogecoin (CRYPTO: DOGE) $0.3362 -4.8% Shiba Inu (CRYPTO: SHIB) $0.00002113 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 9% and daily active addresses falling by 0.08%.

A Ripple exec believes that XRP ETF applications could be fast-tracked under the new administration.

Bitstamp cryptocurrency exchange has announced the listing of Ripple's enterprise-grade stablecoin, Ripple RLUSD, on the Ethereum blockchain. This addition is part of Bitstamp's effort to diversify its offerings and cater to investors seeking a robust digital asset for financial applications.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Ripple President Monica Long mentioned in a January 7 interview on Bloomberg TV that the crypto market might receive more crypto spot ETF approvals in 2025. Long suggested that President Donald Trump and his pro-crypto administration would introduce more crypto-friendly regulations to support ETFs sooner.

Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.

Ripple President Monica Long has stated that an XRP spot exchange-traded fund (ETF) is likely to be approved “very soon,” and is expected to be next in line after the recently approved Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs. Long's comments suggest a significant shift in the regulatory landscape, potentially opening up (CRYPTO: XRP) to a broader investor base.

Analytics account @spotonchain has published a tweet to inform the crypto community that today the Ethereum Foundation had made its very first sale in 2025, on Jan. 8.

The cryptocurrency market is facing turbulence as Bitcoin and Ether, two of the largest digital assets, experienced significant declines over the past 24 hours. Bitcoin, which had briefly surged above the $100,000 mark earlier this week, dipped by 5%, dropping to $96,527.

Bhutan's Gelephu Mindfulness City pioneers adoption of digital asset strategic reserves. The city plans to set up an advisory panel on digital assets for GMC.

Fidelity Digital Assets, a subsidiary of global financial services firm Fidelity Investments, has released a new paper titled “2025 Look Ahead: Is it ‘too late' to enter digital assets?” The publication dedicates significant attention to the ongoing competition between Ethereum and Solana.

Ethereum's attempt to surpass the $4K crucial mark failed, leading to a sharp rejection and raising concerns about sellers' dominance in the market. Fear is mounting, with expectations of a potential sell-off in the coming days if key support levels fail to hold.

Lookonchain reports that the Ethereum Foundation sold 100 ETH on Wednesday. The sales continued a pattern that has been observed since January 2, 2024, with a total of 4,566 ETH sold so far.

Ethereum price has declined by nearly 10 percent in the last two days and an uptick in liquidations signal more trouble ahead.

Bhutan is already heavily invested in bitcoin through its hydroelectric-powered mining operations, holding 12,211 BTC ($1.2 billion).

2024 was a pivotal year for the Ripple ecosystem, marked by notable launches and renewed regulatory optimism. That optimism came despite an ongoing legal wrangle with the U.S. Securities and Exchange Commission (SEC) that has now stretched into its fifth year.

Data compiled on Jan. 8, 2025, reveals a contrasting performance among cryptocurrency exchange-traded funds (ETFs). On Tuesday, the 12 spot bitcoin ETFs attracted $52.39 million in net inflows, while the nine spot ether ETFs posted a combined loss of $86.79 million.

The Ethereum Foundation has continued to make strategic developments and research by selling its Ether holding for stablecoins amounting to over $12M in the past year.

The year 2025 could mark a turning point for Ether (ETH), the second largest cryptocurrency by market capitalization. According to Dr. Sean Dawson, head of research at Derive, Ether could reach a peak of $12,000 this year, thanks to Trump, representing a 257% increase from its current price.

Ethereum crashes for two days in a row, and the outlook may get dire as negative catalysts remain. ETH balances on exchanges are rising, Ethereum Foundation continues to sell, while American bond yields are surging.

On Jan. 7, Ripple President Monica Long discussed her company's strategic direction during an interview with Bloomberg TV. She highlighted Ripple's ongoing efforts to increase the distribution and availability of Ripple USD (RLUSD) across additional exchanges, indicating that further developments and announcements are expected imminently.

Demand for the ethereum network is pretty much at full capacity on a daily basis with the daily gas usage stable at 108 million

The potential launch of an XRP ETF could accelerate mainstream crypto adoption and influence regulatory frameworks in the financial sector. The post XRP ETF likely to launch after Bitcoin and Ether ETFs, says Ripple President appeared first on Crypto Briefing.

The crypto markets faced the first pullback of the year that whipped out nearly 7% of the market capitalisation. As the Bitcoin price dropped below $95,000, the Ethereum price also marked a low close to $3,300. Meanwhile, the bulls managed to halt the bearish trend and seem to be trying hard to validate a rebound.

The a Swiss-based not-for-profit organization focused on the development and welfare of the Ethereum (ETH) network, has made its first Ether sale for 2025. In a bid to fund research and development (R&D), the Ethereum Foundation swapped 100 ETH for 329,463 $DAI, the first sale since the beginning of 2025.

With the market currently in some turmoil, the best buys are probably there to be made. What are the best buying levels for Ethereum (ETH), Solana (SOL), and Sui (SUI) for the rest of this bull market in 2025?

The second-largest crypto Ethereum saw a sharp selloff of more than 9% in the last 24 hours. ETH price tumbled to mid-November levels of $3,300 as traders took cues from robust US macroeconomic data, which shot down the Fed rate cut hopes.

Gelephu Mindfulness City is going to integrate Bitcoin, Ethereum, and Binance Coin into reserves, promoting blockchain innovation and economic resilience.